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Award Winning Restaurant, with Real Estate Included

Pike County, AR

Seller Financing Available
Family Restaurant
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Asking Price: $225,000

Cash Flow: N/A

Gross Revenue: $240,000

EBITDA: N/A

FF&E: $69,785

Inventory: $4,500

Real Estate: $210,000

Established: 2006

Award Winning Restaurant, with Real Estate Included

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Business Description

One year after opening this Pike County Arkansas restaurant, it was honored as the "BEST FAMILY RESTAURANT" in Southwest Arkansas by the local paper! This family-oriented restaurant specializes in good 'ole country cookin' – with the only buffet in town! The 2300 square foot building was built in 2006, and the current owners took over the restaurant in 2012.

The last three years have seen increasing revenues for this award-winning restaurant. Located in Pike County, one of Arkansas’ most popular tourist destinations, people come from all over the world to visit the nearby State Park - and everybody stops here to eat. Local competitors have closed business recently, eliminating nearby competition.

• Voted “Best Family Restaurant” by the local paper, this restaurant has quickly claimed stake to THE place to take the family for Great Food at Great Prices!
• The restaurant Grossed over $240,000 in 2015 – despite operating only 10 months of the year!
• TREMENDOUS GROWTH potential lay in the simple fact of staying open year-round
• The customer base is from local residents AND the steady stream of tourists from across the country and world – providing an eclectic and unique customer base
• During busy season the restaurant will average 350 customers per day!
• This opportunity is PRICED BELOW MARKET VALUE!

Attached Documents


Detailed Information

Location:
Pike County, AR
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
2,300
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,300 sq. ft. facility, included in sale price
Financing:
Seller & Third Party financing may be available for a qualified buyer
Support & Training:
Seller will negotiate a transition period
Contact Seller

Contact the Seller

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Connor Grimes

Business Listed By:
Connor Grimes

CBI+Team

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Sponsoring Broker:
Carl Grimes

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